Failure of play on asset disposals and share buybacks: Application of game theory in the international hotel market

Publication date: April 2020Source: Tourism Management, Volume 77Author(s): Joseph Gerald Bourke, Javad Izadi, Hossein GT. OlyaAbstractThe principal purpose of this study has been to investigate the impact of an asset disposal strategy, often coupled with share repurchase programs, by international hotel companies on financial performance, earnings stability and share values. Utilising ratio analysis, stock returns…

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Travel companions

As the line between online travel booking and shopping blurs in China, brands are partnering with travel platforms to advertise to users while they plan their trips.

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Stranger-danger? Understanding the moderating effects of children in the household on non-hosting residents’ emotional solidarity with Airbnb visitors, feeling safe, and support for Airbnb

Publication date: April 2020Source: Tourism Management, Volume 77Author(s): Courtney Suess, Kyle M. Woosnam, Emrullah ErulAbstractAirbnb has been portrayed as making neighborhoods significantly less safe where hosts are operating. However, the evidence has been mainly anecdotal. The present study developed a model of non-hosting residents’ emotional solidarity with Airbnb visitors, their sense of feeling safe, and…

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Residents’ perceptions of airport construction impacts: A negativity bias approach

Publication date: April 2020Source: Tourism Management, Volume 77Author(s): Carlos Monterrubio, Konstantinos Andriotis, Gregoria Rodríguez-MuñozAbstractAirports have significant implications for regional and local tourism development, so their impacts need to be assessed. Based on in-depth interviews with local residents, this study examined the effects of an airport development project in Mexico. Negativity bias theory was adopted as…

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